State run refiners Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Ltd (BPCL) have placed fresh January loading orders for Russian oil from non sanctioned suppliers as widening discounts make the crude more attractive, according to trade sources. The move comes despite evolving geopolitical risks and recent U.S. sanctions targeting major Russian producers. BPCL has … Continue reading Big Discounts Push IOC, BPCL Back to Russian Oil Buys